Zambian opposition slams food shortage
derstood it had been a “very reluctant decision” for KPMG. A KPMG spokesman declined to comment.
Barclays Africa, which runs South Africa’s biggest retail bank, Absa, also confirmed it no longer had a relationship with Oakbay, which is valued at 16 billion rand (763 million pounds) on the Johannesburg stock market.
In an annual report from last August Oakbay listed Absa as its bank. An Absa spokesman declined to comment any further.
The three Gupta brothers moved to South Africa from India at the end of apartheid in the early 1990s and went on to build a business empire that stretches from technology to the media to mining.
They have also forged a close personal relationship with Zuma, whose son, Duduzane, sits on the board of at least six Gupta-owned companies, according to company registration papers.
Parliament will on Tuesday debate a motion to impeach Zuma after a top court ruled the presi- dent had violated the constitution by ignoring orders from the public protector that he repay some of the $16 million in state funds spent to renovate his private residence at Nkandla.
Zuma says he never knowingly or deliberately set out to violate the constitution.
The Africa National Congress majority in parliament will almost certainly give Zuma political cover against the attempt to impeach him. But the judicial rebuke may embolden anti-zuma factions within the ruling party to mount a challenge. — Reuters LUSAKA — The Zambian opposition says shortages of basic commodities in the southern African country are a sign that the ruling Patriotic Front (PF) party has failed the country.
According to the Post, Copperbelt Province Minister Mwenya Musenge attributed the crisis to greedy businessmen, who he said were using the shortage of mealie meal to exploit and make abovenormal profits.
Musenge said it was government’s responsibility to implement efforts to stop the issue of smuggling mealie meal out of Zambia.
Reports of maize being smuggled into Burundi and other neighbouring countries were revealed after police officers in Kasama impounded two trucks transporting the commodity.
The authorities had imposed an export ban on mealie meal in light of the El Nino induced drought, saying Zambia would experience its third lowest maize output for 2015/2016.
Apart from the shortage of mealie meal, Zambians were also struggling to access commodities such as sugar, cooking oil, soaps and salt.